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CareCloud, Inc. - CCLD STOCK NEWS

Welcome to our dedicated page for CareCloud news (Ticker: CCLD), a resource for investors and traders seeking the latest updates and insights on CareCloud stock.

CareCloud, Inc. (CCLD) is a leading healthcare information technology company specializing in delivering innovative, cloud-based solutions tailored for high-growth medical groups. Recognized for its award-winning design, CareCloud's technology empowers medical professionals to enhance patient care while optimizing operational efficiency.

CareCloud offers a comprehensive suite of proprietary Software-as-a-Service (SaaS) platforms, including practice management (PM), electronic health records (EHR), business intelligence, telehealth, and patient experience management (PXM) solutions. Additionally, the company provides robotic process automation (RPA) bots, and complementary business services such as revenue cycle management (RCM), healthcare consulting, implementation services, and on-demand workforce staffing capabilities. These tools are designed to support high-performance medical groups and health systems across the nation.

As an early leader in healthcare cloud computing, CareCloud is committed to ensuring the highest levels of flexibility, security, and reliability for both physicians and patients. The company's modern and intuitive platform allows medical practices to focus on what matters most: patient health and delivering an exceptional patient experience.

CareCloud's core operating segments include Healthcare IT, which is the primary revenue driver, and Practice Management. The company's cloud platform provides medical groups with the essential tools they need to succeed in today's competitive medical economy.

Recent achievements include expanding its technological capabilities and forming strategic partnerships to enhance service offerings. CareCloud consistently updates its solutions to meet the evolving needs of the healthcare industry.

Follow CareCloud's latest news and updates on their official LinkedIn, Twitter, and Facebook pages.

For investor inquiries, contact Bill Korn at ir@carecloud.com.

Rhea-AI Summary
CareCloud, Inc. announces that A.I.M. Health, an ambulatory care facility in Rhode Island, has chosen CareCloud's technology-enabled revenue cycle management. This collaboration allows A.I.M. Health to expand its service offerings and enter the primary care market. By leveraging CareCloud's RCM solution, A.I.M. Health aims to improve revenue management processes, streamline billing, and optimize revenue capture. A.I.M. Health will also benefit from integrating CareCloud's other talkEHR platform components, including practice management, electronic health records, telehealth, eRX, and eClaims.
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CareCloud, Inc. announces monthly cash dividends for its Series A and Series B Preferred Stock for September, October, and November 2023.
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CareCloud announces financial and operational results for Q2 2023. Revenue declines 21% to $29.4 million. GAAP net loss of $1.8 million. Adjusted net income of $1.4 million. Adjusted EBITDA of $3.8 million. Year-to-date revenue decreases 18% to $59.4 million. GAAP net loss of $2.2 million. Adjusted net income of $3.8 million. Adjusted EBITDA of $8.1 million. CareCloud expands into Middle East markets. Partnership with Google Cloud to integrate generative AI. Full year guidance updated with revenue of $120-$122 million and adjusted EBITDA of $15-$17 million.
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CareCloud, Inc. (Nasdaq: CCLD, CCLDO, CCLDP) will release its Q2 2023 financial results on August 3, 2023, followed by an investor conference call. The live webcast and presentation slides can be accessed at ir.carecloud.com/events. An audio-only option is available. Replay and presentation slides will be available at the same link. Dial-in options for audio-only are also provided.
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CareCloud, Inc. sponsors Pakistan's 3rd Annual National Digital Health Conference, focusing on EHR implementation and telehealth integration. CareCloud will present on key topics and provide a live product demonstration of their advanced cloud-based EHR solution, CareCloud Charts.
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CareCloud, a leader in healthcare technology solutions, has been recognized in Healthcare Technology Report’s list of Power 500 Healthcare Technology Companies of 2023. CareCloud's president and CEO, Hadi Chaudhry, has also been selected as one of the Top 50 Healthcare Technology CEOs of 2023. The company offers cloud-based solutions that simplify administrative tasks and optimize revenue cycle management.
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CareCloud, Inc. will exhibit at the Association of Physicians of Pakistani Descent of North America (APPNA) Summer Convention 2023. CareCloud aims to revolutionize operational efficiency for healthcare providers with its cutting-edge revenue cycle solutions. The company offers advanced tools to analyze, track, and manage patient claims, allowing providers to focus on patient care. CareCloud also plans to expand into the Middle East/North Africa region.
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FAQ

What is the current stock price of CareCloud (CCLD)?

The current stock price of CareCloud (CCLD) is $2.32 as of October 31, 2024.

What is the market cap of CareCloud (CCLD)?

The market cap of CareCloud (CCLD) is approximately 37.3M.

What does CareCloud, Inc. specialize in?

CareCloud, Inc. specializes in providing cloud-based healthcare information technology solutions for high-growth medical groups.

What services does CareCloud offer?

CareCloud offers services including practice management, electronic health records, business intelligence, telehealth, patient experience management, robotic process automation, revenue cycle management, healthcare consulting, implementation, and on-demand workforce staffing.

What are the core operating segments of CareCloud?

The core operating segments of CareCloud are Healthcare IT, which generates the most revenue, and Practice Management.

How does CareCloud support healthcare providers?

CareCloud supports healthcare providers by offering flexible, secure, and reliable cloud-based platforms that help improve patient care and operational efficiency.

What recent achievements has CareCloud made?

CareCloud has expanded its technological capabilities and formed strategic partnerships to enhance its service offerings.

Where can I follow CareCloud's latest updates?

You can follow CareCloud's latest updates on their LinkedIn, Twitter, and Facebook pages.

Who can I contact for investor inquiries at CareCloud?

For investor inquiries, you can contact Bill Korn at ir@carecloud.com.

What makes CareCloud's platform unique?

CareCloud's platform is unique due to its award-winning, intuitive design that allows medical practices to focus more on patient care and less on administrative tasks.

What is CareCloud's commitment to security?

CareCloud is committed to providing the highest levels of security and reliability for both physicians and patients through its cloud-based solutions.

How does CareCloud enhance patient experience?

CareCloud enhances patient experience through its modern, flexible, and secure technology platforms that help medical practices deliver better care and improved patient satisfaction.

CareCloud, Inc.

Nasdaq:CCLD

CCLD Rankings

CCLD Stock Data

37.29M
16.21M
47.32%
10.55%
0.38%
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